Add-on Acquisition • Business Services

Quality Logging Acquires PerformWell Geo Steering

On October 16, 2024, Quality Logging acquired business services company PerformWell Geo Steering

Acquisition Context

This is Quality Logging’s 1st transaction in the Business Services sector.
This is Quality Logging’s 1st transaction in the United States.
This is Quality Logging’s 1st transaction in Texas.

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M&A Deal Summary
Date	October 16, 2024
Target	PerformWell Geo Steering
Sector	Business Services
Buyer(s)	Quality Logging
Deal Type	Add-on Acquisition

Target Company

PerformWell Geo Steering

Houston, Texas, United States

PerformWell Geo Steering specializes in geological steering services for horizontal wells, primarily in the oil and gas sector. PerformWell Geo Steering was founded in 2007 and is based in Houston, Texas.

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Buyer Overview 1

Buyer

Quality Logging

Midland, Texas, United States

Category	Company
Founded	1980
Sector	Energy Services and Equipment

DESCRIPTION

Quality Logging is a provider of mud logging services, a form of energy exploration, to the oil and gas industry. Quality Logging manages one of the most technologically advanced and well-maintained fleets of logging trailers. Quality Logging was founded in 1980 and is based in Midland, Texas.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Business Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Texas	1 of 1
Country: United States	1 of 1
Year: 2024	1 of 1

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